Industry

No fund trading abuses in Britain, regulator says

(March 19, 2004) Britain’s financial services regulator has found no evidence of late trading of mutual funds. And although examples of market timing were uncovered, long-term investors have not been harmed, says the Financial Services Authority (FSA). The FSA launched a trading investigation in the wake of a series of mutual fund scandals in the […]

By Doug Watt |March 19, 2004

2 min read

Income trusts capped in a housekeeping budget

Income trusts capped in a housekeeping budget Staying the course: No surprises in Goodale’s first budget Advisors react to “non-event” budget Budget draws mixed reviews from industry associations Industry insiders analyze return to prudence The federal budget and your financial plan (Client letter) Back to main page Further work needed In last year’s budget, the […]

By Scot Blythe |March 18, 2004

7 min read

Estate planners call for overhaul of foreign tax rule

(March 18, 2004) The federal government must redraft its proposed rules on the taxation of foreign investments, says the Society of Trust and Estate Planners (STEP), calling the current draft legislation seriously deficient and virtually incomprehensible. The legislation is an attempt to eliminate any tax advantage gained from investing in foreign-based funds and non-resident trusts. […]

By Doug Watt |March 18, 2004

2 min read

Staying the course: No surprises in Goodale’s first budget

Income trusts capped in a housekeeping budget Staying the course: No surprises in Goodale’s first budget Advisors react to “non-event” budget Budget draws mixed reviews from industry associations Industry insiders analyze return to prudence The federal budget and your financial plan (Client letter) Back to main page “I see this is a not-rocking-the-boat budget,” says […]

By Doug Watt |March 18, 2004

4 min read